Skip to main content

About your Search

20130801
20130831
SHOW
STATION
LANGUAGE
Search Results 0 to 9 of about 10
CNBC
Aug 16, 2013 6:00am EDT
creating a lot of buying opportunities. >> texas isn't detroit. but does detroit have any impact on what was happening with that muni bond? >> i think it is, it is scarying investors. it's very tough to be a retail investor in a lot of these markets right now. because you don't have the visibility. you mentioned the detroit situation. that's going to be interesting. the thing that's going on in california also, there is a lot of things set about who has priority in these cases. >> are you talking specifically the town considering taking back through em90 domain? >> that's not really what i'm talking about. it's more about the fight between the pensioners and the hoerlsd and the rest of the players in these situations. >> it could happen on a federal level. you are talking a 30-year bond. it's a long time to hold out. >> definitely. at 10%. that's a crazy number. so my.is the that any sort of normalization of these markets will see those, a nice inflation and total return in a i'm in like that. so we like those things. there are more and more of those popping up on our radar screen e
CNBC
Aug 27, 2013 6:00am EDT
us, trying to make a run for detroit. so, maybe a little later this morning a few rumbles of thunder will be sneaking in there, and that's actually going to be the zone where we could be looking for some severe storms. anywhere in the red, central wisconsin back down across into portions of the upper ohio valley. we'll look for the main threats to be damaging winds and a bit of hail, but we can't completely rule out the isolated tornado either. south of all of that, it's the heat. that continues out there for us. we've got heat advisories, excessive heat warnings minneapolis down towards des moines. des moines's going to be a spot that we'll be talking temperatures getting up into the 100s, all thanks to this big ridge of high pressure that's in place. temperatures 10 to 20 degrees above average. so, that puts us well up into the 90s in many of these areas, and look at omaha, 100 degrees expected for today. so, a take it easy day in midwest. meanwhile, this big ridge is going to eventually slide into the south, so areas that have been on the cool side are going to start to heat up. m
CNBC
Aug 2, 2013 6:00am EDT
want a stronger economy and not -- >> i don't know. >> a guy who grew up in detroit, the dislocations, they're just starting. >> yeah, the roach motel, we checked in. i don't know if we can ever check out. i hope they have room service and have on demand for you. you know what i'm saying. >> wi-fi. >> yeah. that's right. you don't even -- you just want free wi-fi. do you know how to hook that up to the wide screen? >> no, how do you do that? >> you're on the little thing? >> yes. >> bob, thank you for coming in today. alan, thank you. >> thank you. >> you can -- >> like a little putian. >>> the battle with dell, shareholders gathering in texas to vote on the buyout offer. and carl icahn pushes for an alternative. we head to a break. take a look at yesterday's winners and losers. a quarter million tweeters musicare tweeting.eamed. and 900 million dollars are changing hands online. that's why the internet needs a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to gr
CNBC
Aug 26, 2013 6:00am EDT
increase from detroit, syracuse, back towards that 95 corridor. our last stop takes us into the southwest. tropical moisture meaning more showers and storms for the day. and some of these storms could produce some flash flooding issues. we'll have to keep a quick eye on these. more "squawk box" coming back in just a bit. >>> time now for the executive edge. it's a daily segment focusing on giving business leaders a leg up. our first story comes from cnbc's own larry kudlow where he says a key insider source tells him that geithner has been leading the search for ben bernanke's replacement as fed chairman. and larry points out the same source predicted a larry summers boom well before summers' name became public. and now the source says the only way to end the fighting between hopefuls yellen and summers is to find a third option, and that option is said to include geithner. along with former fed insider don kohn. what do you think? geithner running the fed? >> okay. i have been told repeatedly -- repeatedly, because this geithner idea has been floated many times. i floated it at one point
CNBC
Aug 23, 2013 6:00am EDT
regulation. it metro detroit be better fixed with competition. >> i think what has to happen is the changes have to reopen those stocks. if the other exchanges have to reopen nasdaq listed stocks to give people a chance to get out say the last 15 or 30 minutes of the day, i think that's the way to solve that problem. >> because the issue was not that you couldn't trade. this was not i put in the order, it doesn't get executed. there was no pricing data, so you are nervous about putting in the order. you don't know the what the trice price is on the other side. >> price is truth. if you don't know what truth is, you can't trade. in this case. >> there are different truths we know. different fold, different exchanges. >> some of the trades could have listed nasdaq stocks. i think that's the first thing that needs to happen is, the exchanges need to get together and say if this happens on stocks are listed on a particular exchange, we give them a chance to come back up. if they can't come back up, we will come back up the last 50 or 30 minutes of the day so people can get up. >> during
CNBC
Aug 5, 2013 6:00am EDT
to modern america. thousands of years of civilizations that have gotten into trouble. in detroit, people are wondering, do we have the same problems that crop up here? >> we are. we can fix them. basically what happens to a great power when it stumbles, its politics don't keep up with economics. it was true in rome and china, otoman empire. true today, our problem is the debt crisis. >> the debt crisis and some people would say entitlements. you have to look at that. republicans are saying that. >> at the federal level. itself the core of it. the nation is on an unsustainable path. with key fix this. we request get our mojo back, growth back, tomorrow, not today. >> what do we have to do? >> we need to get on a glide path to slow entitlement programs and bring down government spending and debt overtime. with decan do it in a way that's aggressive or gradual. we have to start now. >> i look at what was happening in detroit. is this a situation when you don't take action, this is where you wind up? are there other municipalities set up in a similar way or is detroit unique because
CNBC
Aug 8, 2013 6:00am EDT
a long layover in detroit. i put four episodes of "breaking b bad" on my ipad and plan to watch it. later on this afternoon, lions' gate, monster beverage and priceline among others. some of the nation's retailers will report their monthly sales today. limited, gap and costco are among the biggest ones that still do. earlier this morning, real early, costco said its july comps rose 4%, just shif analysts' expectations. hurt by a stronger dollar that pulled in weak sales from overseas stores. >> jpmorgan says it is being investigated by criminal and civil divisions of the department of justice over offerings of mortgage-backed securities this is financial crisis stuff. the doj gave them notice that it had preliminarily concluded the firm violated federal security laws in offerings of subprime and alt-s a residential mortgage securities. the only thing that is bugging me about this story a lot is jpmorgan, and don't want to -- i don't feel like i need to be the defender of jpmorgan, i came to jamie dimon's defense a couple of months ago, they were, like, little bitty players in the m
CNBC
Aug 29, 2013 6:00am EDT
deny any wrongdoing in the matter. implications for detroit, a judge ruled the city of san bernardino is okayed for chapter 9. the biggest issue is pension costs, accounting for about 80% of its annual budget. at a nationwide strike of fast food workers is set for today. workers calling for higher wages. that's what this strike is all about. organizers are pushing for pay of $15 an hour, that's more than double the federal men mum wage of $7.25. joe. >> if you then said, okay, a third, we'll do that, but 40% of you will no longer have that. >> we're talking about. >> down that will work? if you said, okay, we'll do that, but only 40% of you will no longer have the job. >> i think they will be very unhappy. >> they'd say no, never mind. up next, currency itself, a rare studio appearance by bori boris schlassberg. it would be weird that someone mentioned we could be ike and tina. >> i was trying to keep that off if shelf. >> what investors can expect in september. "squawk box" will be right back. announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alon
CNBC
Aug 9, 2013 6:00am EDT
buzzing suggesting that detroit's neighbors are currently being hurt by the woes of motown. cities, counties and other local governments in michigan are getting a cold shoulder in the municipal bond market. just two weeks after detroit declared bankruptcy, borrowing costs are up around the state. the latest casualty, yesterday's saginaw county announced it was delaying a $60 million bond sale that was planned for today. gentlemen, this is the concern that so many people have been wo worried about, this would have ripple effects through michigan and if a federal court approves this, throughout the rest of the country. >> the question for me at least is the answer that the state is supposed to get involved in a more meaningful way, the federal government? we talked about are you supposed to have a bailout? we know that there is going to be implications from doing this. but -- >> yes, but particular -- >> the flip side is a dangerous game too. >> but particular implications because the bond holders are being put at the back of the line with everybody else. they're being treated as uns
CNBC
Aug 19, 2013 6:00am EDT
looming in the detroit bankruptcy case. any objections to the city's bankruptcy filing have to be filed by 11:59 p.m. eastern time tonight. so far the only ones who filed legal objections have been former city workers. a court hearing to determine if detroit can file for chapter 9 bankruptcy is scheduled for late october. i know joe has been working on his filing. >> on what? >> bankruptcy filing? >> eventually. >> in dodd-frank. barry is here. we can ask him. >> did you read that? >> you have an idea. >> you must love that. >> where are we in terms of i don't know how you want to measure it? baseball games. >> 50 years. >> in terms of what's written? >> yes, but some people would say that the 50% that is not done is a horrible piece. >> we've also gone from 800 pages to 9,000 pages to get halfway done? >> exactly. >> and it was a 2010 law, and then you have obama care, the other big piece of legislation. 60 or 70%. >> two crappy weeks we're coming off. how bad it was. let's get some outlooks from our panel. joining us now on set is bob barry, barclays head of u.s. portfolios. bruce kaz
Search Results 0 to 9 of about 10